Don’t sell gold after the interest rate hike, even if you hear it’s going to fall to 3500. The Federal Reserve raised interest rates by 25 basis points for the first time in 3 years, bringing them to between 3.75% and 4%. The decision was issued unanimously, with no dissent from any member, and 12 of the 18 members expect another rate increase before the end of the year. Markets couldn’t absorb it— the Dow Jones index fell by more than 600 points. But let me tell you why this decision is good for gold, not against it. Before the meeting, Trump was openly pressuring the Federal Reserve not to raise rates. Despite this, the Federal Reserve raised rates unanimously, saying that inflation is still high and there will be no rate cut before it declines.

Don’t sell gold after the interest rate hike, even if you hear it’s going to fall to 3500.

The Federal Reserve raised interest rates by 25 basis points for the first time in 3 years, bringing them to between 3.75% and 4%. The decision was issued unanimously, with no dissent from any member, and 12 of the 18 members expect another rate increase before the end of the year. Markets couldn’t absorb it— the Dow Jones index fell by more than 600 points.

But let me tell you why this decision is good for gold, not against it.
Before the meeting, Trump was openly pressuring the Federal Reserve not to raise rates. Despite this, the Federal Reserve raised rates unanimously, saying that inflation is still high and there will be no rate cut before it declines.